Plan Snapshot
- Plan Sponsor: New York State United Teachers
- Sponsor EIN: 222480854
- Sponsor Address: 800 TROY SCHENECTADY ROAD, LATHAM, NY, 121102455
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 92,696
- Total Assets: $110.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 92,696 | $110.5M | $0 | $3.9M |
| 2023 | 93,938 | $102.9M | $0 | $4.2M |
| 2022 | 85,290 | $92.2M | $0 | $4.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NYSUT | Other Service Provider | $9,407,787 | — | $9,407,787 |
| FELDMAN, KRAMER & MONACO, PC | Other Service Provider | $660,000 | — | $660,000 |
| RUTGERS HEALTH - UBHC | Other Service Provider | $475,658 | — | $475,658 |
| CALM.COM, INC | Other Service Provider | $440,000 | — | $440,000 |
| BENCHEMARK PRINTING INC | Other Service Provider | $400,884 | — | $400,884 |
| STACEY BRAUN ASSOCIATES, INC | Other Service Provider | $205,906 | — | $205,906 |
| DAVIS VISION | Other Service Provider | $191,842 | — | $191,842 |
| NYSUT MEMBER BENEFITS CORPORATION | Other Service Provider | $185,358 | — | $185,358 |
| PJ GREEN INC | Other Service Provider | $171,757 | — | $171,757 |
| HALO BRANDED SOLUTIONS, INC | Other Service Provider | $154,017 | — | $154,017 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $78,398 | — | $78,398 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $66,352 | — | $66,352 |
| WEAVER AND TIDWELL, LLP | Auditor | $55,917 | — | $55,917 |
| MEYER, SUOZZI, ENGLISH & KLEIN, PC | Other Service Provider | $54,798 | — | $54,798 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $30,693 | $30,693 |
| CITY OF NEW YORK | Other Service Provider | $21,141 | — | $21,141 |
| SEGAL MARCO ADVISORS | Other Service Provider | $19,667 | — | $19,667 |
| THE WAGNER LAW GROUP | ERISA Attorney | $14,511 | — | $14,511 |
| FUTURE US LLC | Other Service Provider | $13,850 | — | $13,850 |
| NBT BANK, N.A. | Other Service Provider | $13,494 | — | $13,494 |
| FLIMP | Other Service Provider | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — Auditor
- THE WAGNER LAW GROUP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,668,030
- Estimated Expense Ratio: 11.460% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $10,337,042 | $303,974 | — | $55,917 | — |
| 2023 | $7,439,468 | $298,953 | — | $68,262 | — |
| 2022 | $7,689,867 | $298,115 | — | — | $482,906 |